Taiwan seeks to reassure on TSMC commitment to island despite U.S. investment

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Taiwan's economy minister said on Wednesday that the island remains chipmaker TSMC's most important production base after the company announced it would more than triple planned investment at its new Arizona plant to $40 billion.

The logo of Taiwan Semiconductor Manufacturing Co is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang/File Photo

The first Arizona chip fabrication facility, or fab, will be operational by 2024 while the second facility nearby will make the most advanced chips currently in production, called "3 nanometre," by 2026. "TSMC's research and development centre is in Taiwan, the complete supply chain is here," she said. "Taiwan has a complete supply chain, a complete system, and the backing of the government. It is definitely TSMC's most important production base."

Kung Ming-hsin, head of Taiwan's National Development Council who attended Tuesday's "tool-in" ceremony for the Arizona plant in Phoenix, decried what he called a wrong theory about chip makers abandoning the island.

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The US needs to get out of Asia, end all aid and get our money and jobs back and end all visas and immigration from Asia. Americans need our government to work for Americans, that’s it.

USA will steal your technology, your engineer's and then throw TSMC into the gutter. Taiwan should have never let this happen. Its given away its ACE and will lose all its Poker chips

The good news is TSMC will live on in spirit, in Arizona and Japan. The bad news is the US will bomb Taiwan's TSMC into oblivion before they let China have it.

LOL. Sure

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